BRIEF-Dolby Labs Reports Fourth Quarter And Fiscal 2020 Results

Nov 12 (Reuters) - Dolby Laboratories Inc (DLB):

* DOLBY LABORATORIES REPORTS FOURTH QUARTER AND FISCAL 2020 FINANCIAL RESULTS

* Q4 NON-GAAP EARNINGS PER SHARE $0.45

* Q4 GAAP EARNINGS PER SHARE $0.26

* Q4 REVENUE $271.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $244 MILLION

* SEES Q2 REVENUE $270 MILLION TO $300 MILLION

* Q4 EARNINGS PER SHARE ESTIMATE $0.34 -- REFINITIV IBES DATA

* SEES Q1 2021 TOTAL REVENUE TO RANGE FROM $330 MILLION TO $360 MILLION

* SEES Q1 2021 DILUTED EARNINGS PER SHARE TO RANGE FROM $0.70 TO $0.85 ON A GAAP BASIS

* DILUTED EARNINGS PER SHARE ON A NON-GAAP BASIS IS ANTICIPATED TO RANGE FROM $0.97 TO $1.12 FOR Q1 2021

* Q1 EARNINGS PER SHARE VIEW $0.56, REVENUE VIEW $277.9 MILLION -- REFINITIV IBES DATA

* ANTICIPATE THAT CINEMA SITES COULD CONTINUE TO BE NEGATIVELY AFFECTED THROUGH FIRST HALF OF FISCAL 2021 OR LONGER Source text for Eikon: Further company coverage: